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Although there has been much research into how the brain ages, we still
don’t fully understand it. However, research suggests that, as we
age, most of us naturally begin to lose some cognitive function.
This can make it more difficult to:
These types of symptoms only worsen in cases of
Alzheimer’s disease and other types of dementia, and evidence of poor judgment and poor problem
solving are often the very first signs of a problem. Unfortunately, because
cognitive decline is so prevalent, many fraudsters choose to prey upon
elderly investors. As a financial fraud attorney who has seen many cases
of senior investment fraud, I urge you to talk openly to your elderly
loved ones about fraud.
Unfortunately, difficulty in making financial decisions coupled with an
impaired ability to recognize deception can make seniors a natural target
for investment fraud. Fraudsters also know that seniors often have access
to a sizable “nest egg” and are anxious about having enough
money to see them through after retirement. If you are concerned about
an elderly loved one’s ability to make appropriate financial decisions,
it’s important that you take action. Talk openly and gently with
your loved one and consider scheduling a doctor’s appointment for
Anyone can become the victim of investment fraud, and you shouldn’t
let embarrassment keep you from seeking help and recovering your investment
losses. If you need help after losing money to investment fraud, please
reach out to an experienced financial fraud attorney today.
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Investment Misconduct Blog
New York-based stockbroker Shadi Taysir Barakat (CRD# 5031281) is the subject of two pending customer complaints, according to public records published by the Financial ...
Donald A. DeVito II, a former Wells Fargo stockbroker, has been accused of churning and unsuitability in a recent customer complaint filed in May 2017. Regulatory documents ...
Meyer Wilson is proud to announce that founding partner David P. Meyer was named once again to the list of The Best Lawyers in America © in 2018 for both Professional ...